Which Statement Is TRUE

Which statement is TRUE?

A) If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit.
B) If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling fewer units at a higher price per unit.
C) When a monopolist produces where MR < MC it always earns a positive economic profit.
D) A monopolist is guaranteed monopoly profits by the government.

Correct Answer:

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